I have sold a property at 3300 Shelbourne ST in VICTORIA.
This Investment could produce your Retirement income. This home offers a 750 sqft. 2 bdrm. top floor suite(1300). A 750 sqft. 2 bdrm. entry level suite(1100) & a 550 sqft. 1 bdrm. self contained suite(700). Combined rents produce 3100.00 monthly, utilities inclusive. Purchase this 529,000 home today w/10% dwn (52,900)giving you a monthly mortgage payment of 2,632.83, combine the monthly tax & home ins. amount of 225.92 & your total monthly mortgage payment is 2858.75 Rent out the house, live in the 1 bdrm suite & it would only cost you 458.75 monthly to pay your mortgage. In 25 years, when your mortgage is paid off you will receive the total monthly revenue of the home for the rest of your life.